BRECOBUILD: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BRECOBUILD
Largest movements
- Receivables within one year -€19,616
down €19,616 (-5.7%), from €346,227 to €326,610
of which Trade receivables: -€15,408
- Stocks and contracts -€7,303
down €7,303 (-89.8%), from €8,135 to €832
- Tangible fixed assets -€7,001
down €7,001 (-23.6%), from €29,608 to €22,607
of which Furniture and vehicles: -€6,359
- Trade debts -€47,651
down €47,651 (-23.6%), from €201,634 to €153,983
- Reserves +€12,363
up €12,363 (+17.1%), from €72,239 to €84,601
of which Distributable reserves: +€12,363
- Debts after one year -€5,971
down €5,971 (-26.0%), from €22,935 to €16,964
- Tax, wage and social debts +€4,872
up €4,872 (+103.1%), from €4,727 to €9,599
of which Taxes: +€4,306
- Write-downs -€6,893
down €6,893 (-100.0%), from €6,893 to €0
- Gross operating margin +€5,715
up €5,715 (+11.2%), from €51,242 to €56,957
- Other operating charges +€4,404
up €4,404 (+18.5%), from €23,799 to €28,202
- Depreciation +€2,650
up €2,650 (+60.9%), from €4,352 to €7,001
- Taxes +€1,154
up €1,154 (+28.5%), from €4,054 to €5,208
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €387,978 | €351,311 | -€36,667 | -9.5% |
| Fixed assets | 21/28 | €30,365 | €23,364 | -€7,001 | -23.1% |
| Tangible fixed assets | 22/27 | €29,608 | €22,607 | -€7,001 | -23.6% |
| Plant, machinery and equipment | 23 | €1,522 | €880 | -€642 | -42.2% |
| Furniture and vehicles | 24 | €28,086 | €21,727 | -€6,359 | -22.6% |
| Financial fixed assets | 28 | €757 | €757 | = | 0.0% |
| Current assets | 29/58 | €357,613 | €327,948 | -€29,666 | -8.3% |
| Stocks and contracts in progress | 3 | €8,135 | €832 | -€7,303 | -89.8% |
| Stocks | 30/36 | €8,135 | €832 | -€7,303 | -89.8% |
| Amounts receivable within one year | 40/41 | €346,227 | €326,610 | -€19,616 | -5.7% |
| Trade receivables | 40 | €327,837 | €312,429 | -€15,408 | -4.7% |
| Other amounts receivable | 41 | €18,389 | €14,181 | -€4,208 | -22.9% |
| Cash at bank and in hand | 54/58 | €3,252 | €506 | -€2,746 | -84.4% |
| Total equity and liabilities | 10/49 | €387,978 | €351,311 | -€36,667 | -9.5% |
| Equity | 10/15 | €132,135 | €144,497 | +€12,363 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,239 | €84,601 | +€12,363 | +17.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €70,379 | €82,741 | +€12,363 | +17.6% |
| Profit (loss) carried forward | 14 | €41,296 | €41,296 | = | 0.0% |
| Amounts payable | 17/49 | €255,844 | €206,814 | -€49,029 | -19.2% |
| Amounts payable after more than one year | 17 | €22,935 | €16,964 | -€5,971 | -26.0% |
| Financial debts | 170/4 | €22,935 | €16,964 | -€5,971 | -26.0% |
| Amounts payable within one year | 42/48 | €232,908 | €189,850 | -€43,059 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €6,643 | €6,999 | +€357 | +5.4% |
| Financial debts | 43 | €19,904 | €19,268 | -€636 | -3.2% |
| Credit institutions | 430/8 | €19,904 | €19,268 | -€636 | -3.2% |
| Trade debts | 44 | €201,634 | €153,983 | -€47,651 | -23.6% |
| Suppliers | 440/4 | €201,634 | €153,983 | -€47,651 | -23.6% |
| Taxes, remuneration and social security | 45 | €4,727 | €9,599 | +€4,872 | +103.1% |
| Taxes | 450/3 | €4,727 | €9,033 | +€4,306 | +91.1% |
| Remuneration and social security | 454/9 | - | €566 | +€566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,352 | €7,001 | +€2,650 | +60.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,893 | €0 | -€6,893 | -100.0% |
| Other operating charges | 640/8 | €23,799 | €28,202 | +€4,404 | +18.5% |
| Gross operating margin | 9900 | €51,242 | €56,957 | +€5,715 | +11.2% |
| Operating profit (loss) | 9901 | €16,199 | €21,753 | +€5,554 | +34.3% |
| Financial income | 75/76B | €58 | €46 | -€12 | -20.4% |
| Recurring financial income | 75 | €58 | €46 | -€12 | -20.4% |
| Financial charges | 65/66B | €3,634 | €4,229 | +€595 | +16.4% |
| Recurring financial charges | 65 | €3,634 | €4,229 | +€595 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €12,623 | €17,571 | +€4,948 | +39.2% |
| Income taxes | 67/77 | €4,054 | €5,208 | +€1,154 | +28.5% |
| Profit (loss) for the period | 9904 | €8,568 | €12,363 | +€3,794 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,568 | €12,363 | +€3,794 | +44.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.